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    • Posted by Hariom Thakur 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Akankasha Singh 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Amisha Chawla 6 years, 4 months ago

    Book keeping refers to recording business transactions in terms of money in books of accounts

    1Thank You

    ANSWER

    • Posted by Akka Mittal 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Karambhoomi Panipat 6 years, 4 months ago

    Bank A/c. Dr. 60000 To Capital A/c. 60000

    2Thank You

    Sagar Nagwani 6 years, 5 months ago

    Bank A/C Should be debited. Entry will be-: Bank A/c Dr. 60,000 To Capital A/c 60,000

    2Thank You

    Kritika Sharma 6 years, 5 months ago

    Cash A/c Dr. 60,000 To capital A/c 60,0000

    5Thank You

    ANSWER

    • Posted by Kunj Jaiswl 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Karambhoomi Panipat 6 years, 4 months ago

    Cash A/c 15000 To Miscellaneous Income A/c 15000

    1Thank You

    Sagar Nagwani 6 years, 5 months ago

    Cash A/c Dr. 15000 To miscellaneous Income A/c 10,000 To Chair A/c 5,000

    0Thank You

    ANSWER

    • Posted by Varsha Yadav 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Karambhoomi Panipat 6 years, 4 months ago

    Cash A/c. Dr. Stock A/c. Dr. To Capital A/c.

    4Thank You

    Jayant Goel 6 years, 5 months ago

    Cash A/C DR. Goods A/C DR. TO Capital A/C Capital is credited becase inc. In capital will be credited as per journal rule

    2Thank You

    ANSWER

    • Posted by Nitesh Saini 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Ankit Arya 6 years, 4 months ago

    Accounting equation?????

    1Thank You

    ANSWER

    • Posted by Nikhil Singh 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Raj Kushwah 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Karambhoomi Panipat 6 years, 4 months ago

    Capital A/c Dr. To Interest on capital A/c

    1Thank You

    Akash Bhat 6 years, 5 months ago

    IntRest on capital a/c. Dr To capital a/c

    0Thank You

    Kritika Sharma 6 years, 5 months ago

    Capital A/c. Dr To interest on capital A/c.

    0Thank You

    ANSWER

    • Posted by Sunny Singh 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Mahak Makhija 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Raj Kushwah 6 years, 5 months ago

    Insu a/c Dr. To cash /bank A/c

    0Thank You

    ANSWER

    • Posted by Shivram Chourasiya 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Sumit Dhariwal Andana 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Kritika Sharma 6 years, 5 months ago

    Accounts is not an subject Accountancy is a subject . Accounts is an part of accountancy.

    0Thank You

    Sumit Dhariwal Andana 6 years, 5 months ago

    Accounts is a subject

    3Thank You

    ANSWER

    • Posted by Sagar Nagwani 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Shobha Pillai 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by M Lakshminarayana 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Sia ? 6 years, 5 months ago

    Understandability

    0Thank You

    Sumit Dhariwal Andana 6 years, 5 months ago

    Understandability

    0Thank You

    ANSWER

    • Posted by Harsh Singhal 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sia ? 6 years, 5 months ago

    Accounting is the art of recording, classifying and summarising in terms of money transactions and events of a financial character and interpreting the results thereof. The attributes of accounting are as follows:-

    1. Relevance:- Relevance is closely and directly related to the concept of useful information. Relevance implies that all those items of information should be reported that may aid the users in making decisions and/or predictions. In general, information that is given greater weight in decision-making is more relevant.
    2. Reliability:- Reliability is described as one, of the two primary qualities (relevance and reliability) that make accounting information useful for decision-making. Reliable information is required to form judgements about the earning potential and financial position of a business firm. Reliability differs from item to item. Some items of information presented in an annual report may be more reliable than others. For example, information regarding plant and machinery may be less reliable than certain information about current assets because of differences in uncertainty of realisation. Reliability is that quality which permits users of data to depend upon it with confidence as representative of what it purports to represent.
    3. Understandability:- Understandability is the quality of information that enables users to perceive its significance. The benefits of information may be increased by making it more understandable and hence useful to a wider circle of users. Presenting information which can be understood only by sophisticated users and not by others, creates a bias which is inconsistent with the standard of adequate disclosure. Presentation of information should not only facilitate understanding but also avoid wrong interpretation of financial statements. Thus, understandable financial accounting information presents data that can be understood by users of the information and is expressed in a, form and with terminology adopted to the user’s range of understanding.

    0Thank You

    ANSWER

    • Posted by Kapil Tiwari 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sia ? 6 years, 5 months ago

    Profit refers to the excess of revenue over cost.
    Profit = TR-TVC
    TVC=Total variable costs. We take only TVC into consideration as fixed costs are constant.
    or we can also write Profit = MR-MC

    0Thank You

    ANSWER

    • Posted by Chitransh Kushwah 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sia ? 6 years, 5 months ago

    Journal entry

    0Thank You

    ANSWER

    • Posted by Shabaz Khan 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Sunny Singh 6 years, 4 months ago

    Cash A/C- Dr. To capital A/C (Being business started with cash)

    0Thank You

    Kritika Sharma 6 years, 5 months ago

    Cash A/c Dr. 50,000 To capital A/c. 50,000

    0Thank You

    Aryan Ben 6 years, 5 months ago

    To capital account

    0Thank You

    ANSWER

    • Posted by Ansh Agrawal 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Ashish Yadav 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sia ? 6 years, 5 months ago

    Each general journal entry lists the date, the account title(s) to be debited and the corresponding amount(s) followed by the account title(s) to be credited and the corresponding amount(s). The accounts to be credited are indented.

    0Thank You

    ANSWER

    • Posted by Khan Fardin 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Ajs Ki Vines 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Dipali Shrivastava 6 years, 4 months ago

    Result or any consequences of an event is called transaction.

    0Thank You

    Priya Singh 6 years, 5 months ago

    Rh

    0Thank You

    ANSWER

    • Posted by Anuradha Chaudhary 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Karuna Kashyap 6 years, 5 months ago

    Accounting is a process of identifying, measurement,recording,classifying,summarizing and analysis and interpretation of the financial statements and this information is provided to the users

    0Thank You

    Ansh Singhal 6 years, 5 months ago

    Accounting is an art of recording,classify,sumarizing the financial transactions.Also analysing and interpreting the results and communicate it to users of accounting information.

    0Thank You

    ANSWER

    • Posted by Hetal Purohit 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Rachna Mittal 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Inder Inder 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Inder Inder 6 years, 5 months ago

    Please send this question fastly

    0Thank You

    ANSWER

    • Posted by Manjeet Singh 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Karambhoomi Panipat 6 years, 4 months ago

    Accounts of human beings are called natural personal account. For example, Mohan's account etc.

    1Thank You

    Khushi Delio 6 years, 5 months ago

    Human beings are natural personl account .

    1Thank You

    ANSWER

    • Posted by Aayank Srivastav 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Khushi Delio 6 years, 5 months ago

    Any type of transaction firstly recorded as joural entries.

    1Thank You

    ANSWER

    • Posted by Harsh Vashistha 6 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Prabhjeet Singh 6 years, 5 months ago

    Question

    2Thank You

    ANSWER

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